---
title: "RONGZHONG FIN issues RMB 35 million convertible bonds to its controlling shareholder with an annual interest rate of 2.75%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255828556.md"
description: "RONGZHONG FIN announced that it will issue a three-year convertible bond with a principal amount of 35 million yuan to its controlling shareholder, Jinbang Group, with an annual interest rate of 2.75%; the conversion price is 0.24 yuan, equivalent to the closing price on the last trading day (3rd); the newly convertible shares will account for 19.38% of the expanded share capital. The net proceeds will be used to expand the car rental business"
datetime: "2025-09-03T16:49:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255828556.md)
  - [en](https://longbridge.com/en/news/255828556.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255828556.md)
---

# RONGZHONG FIN issues RMB 35 million convertible bonds to its controlling shareholder with an annual interest rate of 2.75%

RONGZHONG FIN (03963.HK) announced that it will issue a three-year convertible bond with a principal amount of HKD 35 million to its controlling shareholder, Jinbang Group, with an annual interest rate of 2.75%; the conversion price is HKD 0.24, equivalent to the closing price on the last trading day (3rd); the newly convertible shares will account for 19.38% of the expanded share capital. The net proceeds will be used to expand the car rental business

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